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Trading Rules

BSP Rules Trading Rules v2.5

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TRADING RULES<br />

v2.5<br />

Table of Contents<br />

1 Definition of Terms .................................................................................................................. 1<br />

2 General Provisions ................................................................................................................. 11<br />

2.1 Products.......................................................................................................................... 11<br />

2.2 Transactions ................................................................................................................... 12<br />

2.3 Orders ............................................................................................................................. 12<br />

2.3.1 Management of Orders ........................................................................................... 13<br />

2.4 Technical Difficulties of an Exchange Participant ........................................................... 14<br />

3 Day-ahead and Intraday Auction <strong>Trading</strong> ............................................................................. 17<br />

3.1 Orders in Day-ahead and Intraday Auction <strong>Trading</strong> ....................................................... 18<br />

3.2 Price Determination (the matching algorithms) ............................................................ 20<br />

3.3 Trade Limits .................................................................................................................... 21<br />

4 Intraday Continuous <strong>Trading</strong> ................................................................................................. 23<br />

4.1 Orders in Intraday Continuous <strong>Trading</strong> .......................................................................... 24<br />

4.2 Account Types ................................................................................................................ 26<br />

4.3 Trade Limits .................................................................................................................... 26<br />

5 Submission For Clearing ........................................................................................................ 29<br />

5.1 Orders in Submission For Clearing ................................................................................. 30<br />

5.2 Account Types ................................................................................................................ 30<br />

5.3 Trade Limits .................................................................................................................... 31<br />

BSP Energy Exchange LL C Copyright 2022 All rights reserved<br />

III

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